just now
May 05, 2022 - FCA regulated Sucden Financial, the multi-asset execution, clearing and liquidity provider, has reported its latest financial results. The audited accounts for the year ending 31 December 2021 record increasing revenues and profits and a strengthening balance sheet.
Key Highlights
• Total net assets of £142.6 million, against £125.3 million in 2020 (13.8% increase).
• Net revenues of £69.8 million, against £53.9 million in 2020 (29.5% increase)
• Profit before taxation of £18.0 million, against £1.6 million in 2020 (1,025% increase)
Marc Bailey, CEO Sucden Financial, commented on the results, "2021 was a strong year, as we continued to expand our diversified client base and invest in our services. As a result, we are in a solid position for further growth."
